Beyond Oaxaca-Blinder

Beyond Oaxaca-Blinder PDF Author: François Bourguignon
Publisher: World Bank Publications
ISBN:
Category : Absolute Poverty
Languages : en
Pages : 58

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Book Description
Abstract: Bourguignon, Ferreira, and Leite develop a microeconometric method to account for differences across distributions of household income. Going beyond the determination of earnings in labor markets, they also estimate statistical models for occupational choice and for conditional distributions of education, fertility, and nonlabor incomes. The authors import combinations of estimated parameters from these models to simulate counterfactual income distributions. This allows them to decompose differences between functionals of two income distributions (such as inequality or poverty measures) into shares because of differences in the structure of labor market returns (price effects), differences in the occupational structure, and differences in the underlying distribution of assets (endowment effects). The authors apply the method to the differences between the Brazilian income distribution and those of Mexico and the United States, and find that most of Brazil's excess income inequality is due to underlying inequalities in the distribution of two key endowments: access to education and to sources of nonlabor income, mainly pensions. This paper is a product of the Research Advisory Staff. The authors may be contacted at fbourguignon@@worldbank.org, fferreira@@econ.puc-rio.br or phil@@econ.puc-rio.br.

Beyond Oaxaca-Blinder

Beyond Oaxaca-Blinder PDF Author: François Bourguignon
Publisher: World Bank Publications
ISBN:
Category : Absolute Poverty
Languages : en
Pages : 58

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Book Description
Abstract: Bourguignon, Ferreira, and Leite develop a microeconometric method to account for differences across distributions of household income. Going beyond the determination of earnings in labor markets, they also estimate statistical models for occupational choice and for conditional distributions of education, fertility, and nonlabor incomes. The authors import combinations of estimated parameters from these models to simulate counterfactual income distributions. This allows them to decompose differences between functionals of two income distributions (such as inequality or poverty measures) into shares because of differences in the structure of labor market returns (price effects), differences in the occupational structure, and differences in the underlying distribution of assets (endowment effects). The authors apply the method to the differences between the Brazilian income distribution and those of Mexico and the United States, and find that most of Brazil's excess income inequality is due to underlying inequalities in the distribution of two key endowments: access to education and to sources of nonlabor income, mainly pensions. This paper is a product of the Research Advisory Staff. The authors may be contacted at fbourguignon@@worldbank.org, fferreira@@econ.puc-rio.br or phil@@econ.puc-rio.br.

Beyond Oaxaca-Blinder: Accounting for Differences in Household Income Distributions Across Countries

Beyond Oaxaca-Blinder: Accounting for Differences in Household Income Distributions Across Countries PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Beyond Oaxaca-Blinder

Beyond Oaxaca-Blinder PDF Author: Francisco H. G. Ferreira
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper develops a micro-econometric method to account for differences across distributions of household income. Going beyond the determination of earnings in labor markets, we also estimate statistical models for occupational choice and for the conditional distributions of education, fertility and non-labor incomes. We import combinations of estimated parameters from these models to simulate counterfactual income distributions. This allows us to decompose differences between functionals of two income distributions (such as inequality or poverty measures) into shares due to differences in the structure of labor market returns (price effects); differences in the occupational structure; and differences in the underlying distribution of assets (endowment effects). We apply the method to the differences between the Brazilian income distribution and those of the United States and Mexico, and find that most of Brazil's excess income inequality is due to underlying inequalities in the distribution of two key endowments: access to education and to sources of non-labor income, mainly pensions.

Beyond Oaxaca-Blinder

Beyond Oaxaca-Blinder PDF Author: Francois Bourguignon
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

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Book Description


Inequality and Economic Development in Brazil

Inequality and Economic Development in Brazil PDF Author:
Publisher: World Bank Publications
ISBN: 9780821358801
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
What makes Brazil so unequal? This title looks at this question and shows how inequalities weaken Brazil's economic development and what are the best policy options to reduce this inequity.

Feeding India

Feeding India PDF Author: Bill Pritchard
Publisher: Routledge
ISBN: 1136304800
Category : Social Science
Languages : en
Pages : 208

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Book Description
Food security is one of the twenty-first century’s key global challenges, and lessons learned from India have particular significance worldwide. Not only does India account for approximately one quarter of the world’s under-nourished persons, it also provides a worrying case of how rapid economic growth may not provide an assumed panacea to food security. This book takes on this challenge. It explains how India’s chronic food security problem is a function of a distinctive interaction of economic, political and environmental processes. It contends that under-nutrition and hunger are lagging components of human development in India precisely because the interfaces between these aspects of the food security problem have not been adequately understood in policy-making communities. Only through an integrative approach spanning the social and environmental sciences, are the fuller dimensions of this problem revealed. A well-rounded appreciation of the problem is required, informed by the FAO’s conception of food security as encompassing availability (production), access (distribution) and utilisation (nutritional content), as well as by Amartya Sen’s notions of entitlements and capabilities.

Inequality in Latin America

Inequality in Latin America PDF Author: David M. De Ferranti
Publisher: World Bank Publications
ISBN: 0821356658
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
Latin America and the Caribbean has been one of the regions of the world with the greatest inequality. This book explores why the region suffers from such persistent inequality, identifies how it hampers development, and suggests ways to achieve greater equity in the distribution of wealth, incomes and opportunities. The study draws on data from 20 countries based on household surveys covering 3.6 million people, and reviews extensive economic, sociological and political science studies on inequality in Latin America. Four broad areas for action by governments and civil society groups to break the destructive pattern are outlined: (1) build more open political and social institutions, that allow the poor and historically subordinate groups to gain a greater share of agency, voice and power in society; (2) ensure that economic institutions and policies seek greater equity, through sound macroeconomic management and equitable, efficient crisis resolution institutions, that avoid the large regressive redistributions that occur during crises, and that allow for saving in good times to enhance access by the poor to social safety nets in bad times; (3) increase access by the poor to high-quality public services, especially education, health, water and electricity, as well as access to farmland and the rural services, and protect and enforce the property rights of the urban poor; (4) reform income transfer programmes so that they reach the poorest families.

Studies in Applied Welfare Analysis

Studies in Applied Welfare Analysis PDF Author: John A. Bishop
Publisher: Emerald Group Publishing
ISBN: 085724146X
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
Contains papers from the Society for the Study of Economic Inequality's third meeting held in Buenos Aries, Argentina, in July 2009. This title focuses on a number of Latin American countries, on the understudied topics of poverty and inequality in these areas.

Annual World Bank Conference on Development Economics Regional 2007

Annual World Bank Conference on Development Economics Regional 2007 PDF Author: François Bourguignon
Publisher: World Bank Publications
ISBN: 0821368443
Category : Social Science
Languages : en
Pages : 386

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Book Description
Global Development Finance (GDF), is the World Bank's annual review of recent trends in and prospects for financial flows to developing countries. It is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. Vol I: Analysis and Outlook reviews recent trends in financial flows to developing countries. Also available as a two volume set, Vol II. Summary and Country Tables* includes comprehensive data for 138 countries, as well as summary data for regions and income groups.

Policy Options for Meeting the Millenium Development Goals in Brazil

Policy Options for Meeting the Millenium Development Goals in Brazil PDF Author: Francisco H. G Ferreira
Publisher: World Bank Publications
ISBN:
Category : Brazil
Languages : en
Pages : 44

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Book Description
Ferreira and Leite investigate whether micro-simulation techniques can shed light on the types of policies that should be adopted by countries wishing to meet their Millennium Development Goals. They compare two families of micro-simulations. The first family of micro-simulations decomposes required poverty changes into a change in the mean and a reduction in inequality. Although it highlights the importance of inequality reduction, it appears to be too general to be of much use for policymaking. The second family of micro-simulations is based on a richer model of behavior in the labor markets. It points to the importance of combining different policy options, such as educational expansion and targeted conditional redistribution schemes, to ensure that the poorest people in society are successfully reached. But the absence of market equilibria in these statistical models, as well as the strong stability assumptions which are implicit in their use, argue for extreme caution in their interpretation. This paper--a product of the Poverty Team, Development Research Group--is part of a larger effort in the group to understand pro-poor policies.